What just happened would not have happened. The Fed, which is charged with regulating banks, just told Citigroup they needed to be more stable before shelling out money to shareholders.

This never would have happened had Larry Summers become chairman of the Federal Reserve. There is absolutely no way he would have signed off on tougher requirements for Citigroup. Let’s all breath another sigh of relief that ...

Investment banks are always trying to figure out what will be most appealing to their customers. In most businesses, this can and should be business as usual. But with investments, it has to be different. Why? Today’s fashionable investments may not be what is likely to provide the best risk-return trade off in the future.

It is the investment advisor’s job to help clients sift through what may seem ...

That was quick. The biggest bitcoin exchange is apparently planning for bankruptcy (click here).

The die hard Bitcoin proponents are arguing that it isn’t a problem with Bitcoin…it is just a problem with that particular exchange.

That’s not entirely accurate. The way Bitcoin is designed, it inherently lends itself to all sorts of problems such as this. I can’t possibly see it becoming a stable and reliable store of value. And ...